In Greece the parliament is set to vote on budget cuts to help secure loans from lenders. However, the people of Greece are far from pleased with these proposed cuts. Today started a massive walk-out by two of the largest labor unions in the country. The estimated number of protesters could be in the hundreds of thousands. The Greek people are not at a loss for words regarding the situation. “The measures are wrong, the politicians and the rich aren’t paying their taxes and the only ones paying are those on 300 and 500 euros a month,” said Dimitris Karavelas 42, who has been forced to shut down his small construction company.

At 5:00 pm (EST), the APMEX precious metals spot prices were:

Gold, $1717.50, Up $32.80.

Silver, $32.03, Up $0.86.

Platinum, $1554.40, Up $13.20.

Palladium, $618.60, Up $14.70.

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